Since February this year, the national minimum wage has been 10.10 euro per hour (Niall Carson/PA)OVER 122,000 workers are set for a 10 cent increase in the national minimum wage. Cabinet today rubberstamped the increase proposed by an advisory body on low pay that will bring the statutory wage rate to €10.20 an hour. “Since 2016, the national minimum wage has increased from €8.65 per hour to its current rate of €10.10,” said Minister for Social Protection Heather Humphries. “I also want to ensure that the increase in the minimum wage does not result in employers having to pay a higher level of PRSI charge solely due to this increase.”She said she will make regulations to increase the employer PRSI threshold from €395 currently to €398 from January 1 2021. The minister said the Low Pay Commission plays an important role in improving data collection on low paid and minimum wage workers.

Source: Irish Independent October 06, 2020 12:56 UTC